Call reports 2010
CORNERSTONE COMMUNITY BANK — 2010
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 321,898,000 | 323,992,000 | 306,168,000 | 289,434,000 |
| Total loans | 248,456,000 | 242,483,000 | 228,752,000 | 210,426,000 |
| Allowance for loan losses | 3,856,000 | 5,349,000 | 5,615,000 | 5,155,000 |
| Securities available for sale | 35,072,000 | 31,461,000 | 35,504,000 | 32,982,000 |
| Securities held to maturity | 1,184,000 | 1,065,000 | 629,000 | 432,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,207,000 | 286,682,000 | 277,503,000 | 261,964,000 |
| Interest-bearing deposits | 232,290,000 | 243,650,000 | 231,873,000 | 213,117,000 |
| Noninterest-bearing deposits | 40,917,000 | 43,032,000 | 45,630,000 | 48,847,000 |
| Equity capital | 25,125,000 | 26,619,000 | 22,739,000 | 22,372,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,610,000 | 7,116,000 | 10,506,000 | 13,731,000 |
| Interest expense | 1,210,000 | 2,382,000 | 3,476,000 | 4,452,000 |
| Net interest income | 2,400,000 | 4,734,000 | 7,030,000 | 9,279,000 |
| Noninterest income | 212,000 | -232,000 | -275,000 | 30,000 |
| Noninterest expense | 1,970,000 | 4,004,000 | 6,678,000 | 8,770,000 |
| Provision for loan losses | 210,000 | 4,015,000 | 9,580,000 | 9,602,000 |
| Pretax income | 661,000 | -2,983,000 | -8,969,000 | -8,529,000 |
| Income tax | 163,000 | -1,288,000 | -2,903,000 | -3,536,000 |
| Net income | 498,000 | -1,695,000 | -6,066,000 | -4,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,734,000 | 26,098,000 | 21,959,000 | 20,067,000 |
| Total capital | 27,977,000 | 29,263,000 | 24,876,000 | 22,768,000 |
| Risk-weighted assets | 258,868,000 | 251,090,000 | 233,710,000 | 213,636,000 |